Distributing village maize and yams in the city
Felix
Accra, Ghana
12% repaid
Entrepreneur
Name
Felix
Member since
August 2015
On-time repayments
111 installments • 24%
About Me
I was born In Greater Accra region of Ghana. About two years ,my father took to western part of the country. There I had my basic and Senior High education.
I then came to Accra for the degree course.I started this business when I finished my national service and could not get any job in public sector as it is ambition of many young graduates . I decided to start my own business to support the society
Initially , I borrowed small money from friends and also based on the credit suppliers system by the yam producers, help me to be in the business till now.
My Business
I supply food retails to individuals . In fact I choose this type of goods because food helps individuals to survive in life. No matter how the economy of any country, is nobody stay away from food. Food is basic essential which is needed everybody. My cost of the business is the : purchases , transportation , off-loading or carriage inwards by heard porter to my sales place. The revenue is only income from the sale.
In fact since the capital of the business is small ,about 70% of the profit is reinvestment. Most time, we need to deposit some amount of money with the producers before we can get goods from them.
Loan Proposal
I will use the loan amount to buy some bags of maize and tuber of yams. All these are brought to my time from the northern part of the country .The price of a bag of maize is about 50 dollars and tuber of yams is counted @100 pieces which is also about 20 dollars. The total amount is about 70 dollars and I used the rate of 3.6 GHS per 1 dollar.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$156.00
Date disbursed
Nov 23, 2017
Repayment status
Late
Projected term
22 months
Other loans
Lenders
Summary
Amount repaid
$17.97
Amount remaining
$130.66
Expected completion
Sep 29, 2019
Status
Repaying late
Installment amount
$1.55
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 3, 2017 | $1.55 | Dec 1, 2017 | $1.55 |
| Dec 10, 2017 | $1.55 | Dec 1, 2017 | $1.55 |
| Dec 17, 2017 | $1.55 | Dec 1, 2017 | $1.55 |
| Dec 24, 2017 | $1.55 | Dec 1, 2017 | $1.55 |
| Dec 31, 2017 | $1.55 | Dec 1, 2017 | $1.55 |
| Jan 7, 2018 | $1.55 | Dec 1, 2017 | $1.55 |
| Jan 14, 2018 | $1.55 | Dec 1, 2017 | $1.55 |
| Jan 21, 2018 | $1.55 | Dec 1, 2017 | $1.55 |
| Jan 28, 2018 | $1.55 | Dec 1, 2017 | $1.55 |
| Feb 4, 2018 | $1.55 | Dec 1, 2017 | $1.55 |
| Feb 11, 2018 | $1.55 | Dec 1, 2017 | $1.55 |
| Feb 18, 2018 | $1.55 | Mar 20, 2019 | $0.89 |
| Feb 25, 2018 | $1.55 | ||
| Mar 4, 2018 | $1.55 | ||
| Mar 11, 2018 | $1.55 | ||
| Mar 18, 2018 | $1.55 | ||
| Mar 25, 2018 | $1.55 | ||
| Apr 1, 2018 | $1.55 | ||
| Apr 8, 2018 | $1.55 | ||
| Apr 15, 2018 | $1.55 | ||
| Apr 22, 2018 | $1.55 | ||
| Apr 29, 2018 | $1.55 | ||
| May 6, 2018 | $1.55 | ||
| May 13, 2018 | $1.55 | ||
| May 20, 2018 | $1.55 | ||
| May 27, 2018 | $1.55 | ||
| Jun 3, 2018 | $1.55 | ||
| Jun 10, 2018 | $1.55 | ||
| Jun 17, 2018 | $1.55 | ||
| Jun 24, 2018 | $1.55 | ||
| Jul 1, 2018 | $1.55 | ||
| Jul 8, 2018 | $1.55 | ||
| Jul 15, 2018 | $1.55 | ||
| Jul 22, 2018 | $1.55 | ||
| Jul 29, 2018 | $1.55 | ||
| Aug 5, 2018 | $1.55 | ||
| Aug 12, 2018 | $1.55 | ||
| Aug 19, 2018 | $1.55 | ||
| Aug 26, 2018 | $1.55 | ||
| Sep 2, 2018 | $1.55 | ||
| Sep 9, 2018 | $1.55 | ||
| Sep 16, 2018 | $1.55 | ||
| Sep 23, 2018 | $1.55 | ||
| Sep 30, 2018 | $1.55 | ||
| Oct 7, 2018 | $1.55 | ||
| Oct 14, 2018 | $1.55 | ||
| Oct 21, 2018 | $1.55 | ||
| Oct 28, 2018 | $1.55 | ||
| Nov 4, 2018 | $1.55 | ||
| Nov 11, 2018 | $1.55 | ||
| Nov 18, 2018 | $1.55 | ||
| Nov 25, 2018 | $1.55 | ||
| Dec 2, 2018 | $1.55 | ||
| Dec 9, 2018 | $1.55 | ||
| Dec 16, 2018 | $1.55 | ||
| Dec 23, 2018 | $1.55 | ||
| Dec 30, 2018 | $1.55 | ||
| Jan 6, 2019 | $1.55 | ||
| Jan 13, 2019 | $1.55 | ||
| Jan 20, 2019 | $1.55 | ||
| Jan 27, 2019 | $1.55 | ||
| Feb 3, 2019 | $1.55 | ||
| Feb 10, 2019 | $1.55 | ||
| Feb 17, 2019 | $1.55 | ||
| Feb 24, 2019 | $1.55 | ||
| Mar 3, 2019 | $1.55 | ||
| Mar 10, 2019 | $1.55 | ||
| Mar 17, 2019 | $1.55 | ||
| Mar 24, 2019 | $1.55 | ||
| Mar 31, 2019 | $1.55 | ||
| Apr 7, 2019 | $1.55 | ||
| Apr 14, 2019 | $1.55 | ||
| Apr 21, 2019 | $1.55 | ||
| Apr 28, 2019 | $1.55 | ||
| May 5, 2019 | $1.55 | ||
| May 12, 2019 | $1.55 | ||
| May 19, 2019 | $1.55 | ||
| May 26, 2019 | $1.55 | ||
| Jun 2, 2019 | $1.55 | ||
| Jun 9, 2019 | $1.55 | ||
| Jun 16, 2019 | $1.55 | ||
| Jun 23, 2019 | $1.55 | ||
| Jun 30, 2019 | $1.55 | ||
| Jul 7, 2019 | $1.55 | ||
| Jul 14, 2019 | $1.55 | ||
| Jul 21, 2019 | $1.55 | ||
| Jul 28, 2019 | $1.55 | ||
| Aug 4, 2019 | $1.55 | ||
| Aug 11, 2019 | $1.55 | ||
| Aug 18, 2019 | $1.55 | ||
| Aug 25, 2019 | $1.55 | ||
| Sep 1, 2019 | $1.55 | ||
| Sep 8, 2019 | $1.55 | ||
| Sep 15, 2019 | $1.55 | ||
| Sep 22, 2019 | $1.55 | ||
| Sep 29, 2019 | $1.11 | ||
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